586 MAIN STREET EAST

North Bay (Central), , P1B1B8, Canada

$499,900

Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 3-6 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.

EXTRAS: Refrigerator, Stove, Water Heater

Last updated on : Wednesday 22nd of October 2025 08:45:31 PM

ADDRESS

Street : 586 MAIN STREET EAST

City : North Bay (Central)

Country : Canada

Postal Code : P1B1B8

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PROPERTY SUMMARY

Property ID : X12274089

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 4

Parking : 2

Parking Type: No Garage

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